banknifty future today closed at 17351 with 45 points loss.
3.25% open interest addition suggest fresh shorts.
banknifty 18000 call options writing is seen.
bankNifty technically still weak and we may see
another leg down.
banknifty intraday support will be 17195 and 16995.
banknifty intraday resistance will be 17490 and 17580.
here also banknifty short call worked and from
high we seen almost 220 points downside in intraday!!
banknifty 17500 put option given 125 rupee intraday swing !!
banknifty future intraday call will be same go short
near resistance with strict stop loss
banknifty option intraday call will be buy 17500
put options on decline with stop loss.